News
How To Apply For FG’s Student Loan

On Monday, June 12, 2023, the President, Bola Tinubu, signed into law the Student Loan Bill. The bill, which will enable Nigerian students to have access to interest-free loans, was introduced by the outgoing speaker of the House of Representatives, Femi Gbajabiamila.
The PUNCH reported that the piece of legislation passed second reading at the lower house on May 23, 2023.
With the establishment of an education bank, tertiary institutions owned by the Federal Government may now be at liberty to introduce tuition fees, experts in the higher education sector have argued.
Already, some universities owned by the Federal Government have started announcing an increase in tuition fees. For instance, The PUNCH in December 2022 exclusively reported how some Federal Government-owned universities announced a 200 per cent hike in fees. It is believed that the introduction of the education bank will help address the funding gap in tertiary institutions.
READ ALSO: BREAKING: Tinubu Signs Student Loan Bill Into Law
According to the bill, which was sighted by our correspondent on Monday, students applying for loans under this Act must apply to the Chairman of the Bank through their respective institutions upon satisfying of the following conditions:
i. Student must have secured admission into any public Nigerian University, Polytechnic, college of education or any TVET school; Applicant income or family income must be less than N500,000 per annum; Applicant must provide at least two civil servants as guarantors: of not less than level 12 years in service; or a Lawyer with at least 10 years post-call experience; a Judicial officer; or a Justice of Peace.
ii. Students who have defaulted on previous loans; found guilty of exam malpractice, felony, or drug offences will not be considered.
iii. Students with parents who have defaulted in respect of previous loans will not be considered.
Following the satisfaction of the conditions listed above, applications for the loans will be submitted through the Students Affairs Office of each institution via a list of all qualified applicants from the institution accompanied by a cover letter signed by the Vice-Chancellor or Rector or the head of the institution and the Student Affairs.
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On the repayment, the act states that “Any beneficiary of the loan to which this Act refers shall commence repayment two years after completion of the National Youth Service Corps programme. Repayment shall be by direct deduction of 10 per cent of the beneficiary’s salary at source by the employer.
“Where the beneficiary is self-employed, he shall remit 10 per cent of his total profit monthly to the student loan account to be prescribed by the bank.
“For the purpose of sub-section 3 above, a self-employed person shall, within 60 days of assuming that status, submit all information such as the name of business, address and location, registration documents, registered, name of bankers, names of partners, name of directors and shareholders to the Commission.
“Anyone in default of the provisions of sub-section 4 above or found to be aiding the default of any of the provisions of this Act is guilty of an offence and, if convicted, shall be liable to imprisonment for two years or a fine of N500,000 or both.”
News
Edo Dep. Gov. Idahosa Inducted, Bestowed With Rotary Premium Award

The Edo State deputy governor, Hon. Dennis Idahosa, has been bestowed with the Rotary Premium Award by the Benin Metropolitan Rotary Club, District 9141 in recognition of his humanitarian disposition.
In a statement by his Chief Press Secretary, Mr Friday Aghedo, the deputy governor was accorded this recognition when the humanitarian organization visited his office to induct him into the club
Idahosa expressed appreciation for the recognition and promised to continue to contribute his best for the betterment of the society and humanity.
“When I was growing up, my prayer to God, was Bless me so that I will be a blessing to the world,” he stated.
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He noted that the recognition was in no doubt, a call for higher responsibilities.
Rotary President, Hon. Elizabeth Ativie who gave reasons for the award and investiture, maintained that the induction was based on Idahosa’s humanitarian disposition which is in line with Rotary Club’s doctrine of service above self, humanitarian and community.
“This is a reflection of where your heart is,” she told Idahosa.
The Assistant District Governor of the Club, (AG) Samson Olayiwola of Zone 20, D 9141, later decorated Idahosa with the “Rotarian pin,” the recognized logo of the Rotary Club worldwide.
This was in addition to the presentation of a certificate of membership and embroidered with a sash that uniquely identifies Idahosa as a member of the “RC Benin Metropolitan District.”
News
Doctors’ Strike Continues As NARD Demands Fair Deal, Better Pay

The Nigerian Association of Resident Doctors (NARD) has called on the Federal Government to immediately conclude a long-delayed Collective Bargaining Agreement (CBA), as their indefinite strike entered its 15th day on Saturday.
It also demanded a review of the outdated Consolidated Medical Salary Structure (CONMESS).
In a statement posted on X on Saturday, the union said: “Dear Nigerians, Doctors Deserve a Fair Deal! For long we’ve waited for a Collective Bargaining Agreement (CBA), a simple, written promise that ensures fairness, clear work terms, and proper pay. But the government keeps delaying, while doctors face rising costs and crumbling morale.
“We demand the immediate conclusion of the CBA and review of the outdated CONMESS salary structure.”
READ ALSO:Why Pregnant Women Must Shun Multiple Skin Products – Doctors
The strike, which began earlier this month, has affected 91 hospitals nationwide, including federal teaching hospitals, specialist institutions, and federal medical centres, disrupting medical services across the country.
NARD said the union’s 19-point demand list is reasonable and necessary for the welfare of doctors and patients.
The list includes the payment of arrears under the CONMESS salary structure, disbursement of the 2025 Medical Residency Training Fund, prompt payment of specialist allowances, recognition of postgraduate qualifications, and improved working conditions.
The union stressed that these measures are essential to sustain doctors and maintain a functional healthcare system.
READ ALSO:Two Brothers Miraculously Escape From Kidnappers’ Den In Edo
President Bola Tinubu has also directed the Ministry of Health to immediately resolve the strike, noting that the government is addressing the doctors’ demands.
Despite the directive, NARD said delays in finalising the CBA and reviewing salaries have continued to demoralise doctors, many of whom face rising living costs while providing critical medical services.
News
VIDEO: Fayose Speaks About Own Death, Burial

Former Ekiti State Governor, Ayodele Fayose, has said his body should be buried within four weeks of his death. Fayose also laid out detailed instructions for his burial, including that nobody should visit after he is buried.
He said his body and the burial arrangement should be handled by the Ekiti State Government.
In a six-minute video shared on YouTube by City Edge TV on Saturday, Fayose, who turns 65 today, said: “Remember me for anything. And when I die, let me say this. Death is inevitable. My body belongs to the Ekiti state government… I’m delivering a letter to the governor.”
Fayose added that regardless of when his death occurs, the state government should take charge of his remains.
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“Let us say in another 20, 30 years, 15 years, whatever time, for the glory of God. The Ekiti state government takes over my body, and I must be buried within four weeks. Because the state might not be ready within two, three days, we allow them four weeks.”
Fayose added that his children should wear their own clothes and follow the directives of the government at the time of his death.
About his final resting place, he said: “My grandmother’s home, the mother of my father, I’ve made the garden there. I should be laid to rest there. After my departure, nobody must come there again. Allow me to go. If you want to show me love, if you want to take care of me, do so now.”
The channel also shared a 20-minute video showing popular juju musician King Sunny Ade serenading the former governor on stage while he danced at his birthday thanksgiving reception.
READ ALSO:PDP Will Come Fourth In 2027 General Election – Fayose
Celebrated by several political figures. Minister of the Federal Capital Territory Nyesom Wike described Fayose as “a valuable friend and brother, who will never pretend about where he stands on issues,” adding: “Ayodele, my younger brother, may you reach the age of your elder brother in good health, and may God continue to make your days on earth fruitful, with immeasurable blessings.”
Ekiti State Governor, Biodun Oyebanji, also congratulated Fayose in a statement issued by his Chief Press Secretary, Yinka Oyebode, praising his “remarkable contributions” to the state and describing him as: “A leader who loves and connects well with the people, a respected grassroots politician and mobiliser, and a statesman who will never shy away from bearing his mind in his determination to see a more prosperous state and country.”
Watch the video here
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